On 12/31/X4, Zoom,LLC, Reported a $58,500 Loss on Its Books

Multiple Choice

On 12/31/X4, Zoom,LLC, reported a $58,500 loss on its books. The items included in the loss computation were $29,000 in sales revenue, $14,000 in qualified dividends, $21,000 in cost of goods sold, $49,000 in charitable contributions, $19,000 in employee wages, and $12,500 of rent expense. How much ordinary business income (loss) will Zoom report on its X4 return?

A) ($8,000)
B) ($23,500)
C) ($58,500)
D) ($93,500)